George Soros and Carlos Slim Betting Big On Telecom

George Soros, the billionaire investor and philanthropist ranked 19th on the list of the world’s richest people, continues to bet big on Brazil. Quattro Telecomunicacoes, a Brazilian holding company acquired by Soros earlier this year, is set to buy more 4G wireless spectrum in the next government auction, through its Sunrise Telecomunicacoes division, a pay-TV provider that is expanding into mobile services. Sunrise earlier acquired two spectrum licenses offering fourth-generation wireless access, spending 19.1 million reais ($9 . . .

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